Women’s fashion retailer Hobbs has revealed that Mehul Tank has been appointed to the role of chief financial officer.

Taking over from Simon Luscombe, who will now head up Hobbs’ omnichannel trading, Mr Tank, who has 20 years’ experience in finance and operations, starts his role instantly.

Meg Lustman, Hobbs chief executive, said: “Mehul Tank joins us with a wealth of experience from a number of private equity-backed organisations in Europe and the United States, and brings valuable expertise having worked with several international retailers."

Tank commented: “It is a privilege to be part of a quintessential British brand that puts its customer at its core.

“I am excited to join Hobbs and look forward to working with the team to ensure it is financially well positioned as it scales up its international growth.”
Having been around since 1981 and starting in Hampstead, north London, Hobbs now has 140 stores in the UK and Ireland, concessions in the US and helps customers in 55 countries via online.